Colbert started the real-world super PAC as an activist spoof on the special-interest money flooding into politics following the Supreme Court's decision in the Citizens United case. He aimed to educate his viewers about the sometimes-shady dealings, donations and inner workings of those groups, and in the process raised $1.4 million of his own money and inspired many others to start their own actual super PACs.

Now, with the election over, federal records show he has around $800,000 left, and as he told Playboy recently, "I can spend it on anything I want. I could use my super PAC money to buy a private jet, and I have to justify it to no one."

On his show last night, he took aim at the big conservative fundraisers who spent so much and received so little in return in this past election, while educating people further about just where the leftover money goes when the polls close.